Morton Brown Family Wealth LLC Has $739,000 Position in Air Products and Chemicals, Inc. $APD

Morton Brown Family Wealth LLC increased its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 777.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,993 shares of the basic materials company’s stock after purchasing an additional 2,652 shares during the quarter. Morton Brown Family Wealth LLC’s holdings in Air Products and Chemicals were worth $739,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in APD. Holos Integrated Wealth LLC acquired a new position in shares of Air Products and Chemicals during the fourth quarter worth approximately $25,000. Richardson Financial Services Inc. lifted its holdings in shares of Air Products and Chemicals by 3,233.3% during the fourth quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after buying an additional 97 shares during the last quarter. Caitlin John LLC acquired a new position in shares of Air Products and Chemicals during the third quarter worth approximately $30,000. Financial Life Planners acquired a new position in shares of Air Products and Chemicals during the third quarter worth approximately $30,000. Finally, Cloud Capital Management LLC acquired a new position in shares of Air Products and Chemicals during the third quarter worth approximately $34,000. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Air Products and Chemicals Stock Performance

Shares of NYSE:APD opened at $296.58 on Thursday. The business’s fifty day moving average price is $286.26 and its two-hundred day moving average price is $267.46. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $301.25. The stock has a market capitalization of $66.04 billion, a price-to-earnings ratio of -196.41, a price-to-earnings-growth ratio of 2.88 and a beta of 0.80. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.46 and a quick ratio of 1.23.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share for the quarter, beating analysts’ consensus estimates of $3.04 by $0.12. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The firm had revenue of $3.10 billion for the quarter, compared to analysts’ expectations of $3.05 billion. During the same period in the prior year, the business posted $2.86 earnings per share. The business’s revenue was up 5.8% compared to the same quarter last year. Air Products and Chemicals has set its Q2 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. As a group, analysts predict that Air Products and Chemicals, Inc. will post 13.03 EPS for the current fiscal year.

Air Products and Chemicals Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Wednesday, April 1st will be issued a dividend of $1.81 per share. The ex-dividend date is Wednesday, April 1st. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.79. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. Air Products and Chemicals’s dividend payout ratio (DPR) is currently -479.47%.

Wall Street Analyst Weigh In

APD has been the subject of a number of research analyst reports. Berenberg Bank set a $350.00 price target on Air Products and Chemicals and gave the stock a “buy” rating in a report on Monday. BMO Capital Markets restated a “market perform” rating and set a $282.00 price objective on shares of Air Products and Chemicals in a research report on Monday, February 2nd. JPMorgan Chase & Co. upgraded Air Products and Chemicals from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $280.00 to $310.00 in a research report on Friday, March 20th. Weiss Ratings upgraded Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, March 9th. Finally, Wall Street Zen upgraded Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $308.06.

Insider Activity at Air Products and Chemicals

In other news, Director Ridge Lp Mantle sold 70,175 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the sale, the director owned 93,499 shares in the company, valued at approximately $26,573,350.79. This represents a 42.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.88% of the company’s stock.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc is a global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania. The company produces and delivers atmospheric gases such as oxygen, nitrogen and argon, as well as specialty and process gases used across a wide range of industrial applications. Air Products designs, builds and operates gas production facilities, merchant distribution networks and on-site gas systems for customers that require reliable, high-purity gases and integrated supply solutions.

The company’s product and service portfolio includes packaged and bulk gas supply, pipeline distribution, on-site generation, gas handling and storage equipment, and engineered systems for gas liquefaction and purification.